ACME Green Molecules Business (part of India's ACME Group) signed a binding long-term Purchase and Sale Agreement with Japan's Mitsubishi Gas Chemical Company on July 3, 2026, for supply of green ammonia and green methanol. This is a significant milestone for India's National Green Hydrogen Mission (NGHM), launched in 2023 under MNRE, which aims to position India as a global hub for green hydrogen production and export. Green ammonia and green methanol are key derivatives of green hydrogen used in shipping, fertilisers, and industrial applications.
Environment
ACME Group Signs Long-Term Green Ammonia and Green Methanol Deal with Japan's Mitsubishi Gas Chemical
Key Points
- ACME Green Molecules Business (part of India's ACME Group) signed a binding long-term Purchase and Sale Agreement with Japan's Mitsubishi Gas Chemical Company on July 3, 2026, for supply of green ammonia and green methanol
- This is a significant milestone for India's National Green Hydrogen Mission (NGHM), launched in 2023 under MNRE, which aims to position India as a global hub for green hydrogen production and export
- Green ammonia and green methanol are key derivatives of green hydrogen used in shipping, fertilisers, and industrial applications
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• ACME Group + Mitsubishi Gas Chemical (Japan): green ammonia + green methanol PSA (Jul 3, 2026) • Supports India's National Green Hydrogen Mission (NGHM): launched 2023, under MNRE • NGHM target: 5 MMT green hydrogen production by 2030; export hubs at Paradip, Kandla, Tuticorin • SIGHT programme: financial incentives for electrolyser manufacturing and green H2 production
